Heavy Engineering Company

This case is an excellent illustration of what a non-executive director of an SME may unwittingly be letting himself in for. The director was relatively ‘new to the game’ and had previously had three non-executive appointments over a period of some two years. These had been in relatively straightforward circumstances (a new start, a management buy-out, and a re-investment) and the course they had run had also been relatively straightforward even if not always entirely predictable. The case described here, however, cannot remotely be described as either straightforward or predictable.